Sales Tax.. - RV-Dreams Community Forum

The Junkman · RV-Dreams Family Member

Sales Tax..

BiggarView · RV-Dreams Family Member

Don't know if I can add much to decision process, but at least in Illinois your sales tax is tax deductible vs the standard deduction and is worth taking it whenever you make large purchases, which a 125K RV would definitely qualify as. I'm guessing others states have similar provisions so I'd check into that. It might take some that 7K tax bite down to a more manageable size come next April in the tax refund department.

FWIW, Brian

The Junkman · RV-Dreams Family Member

Makes sense. I will check that.
I could just do a llc in FL as well.. Tax deduct everything.. However, I would prefer to NOT to put the RV in a business name.

I'd like to do South dakota, but understand you must go there to get your drivers license.. That would be a 2k trip right there.. and you have to go back every 5 years, plus would have to pay for the p.o box , mail forwarding, etc.. Does not seem feesable for 3k savings..

Maybe I don't do a business ( dba or other ) at all. .. And just do what I do on "personal" level. I don't expect to do much money. Just supplement my entertainment budget, mostly.

I hear the insurance rates are cheap in FL too ?.. Not as cheap as S.D. though.
However, got a quote through the folks here for just my RV was like 1700 a year with everything on it, Seemed high to me. Maybe not.. Rv will be new.

TRAILERKING · RV-Dreams Family Member

Just don't buy your RV in FLO-RIDA...................They nail you a 6% tax.
By the time all was said and done I had paid 5% GST + 5% PST + 6% FLO-RIDA TAX = 16% in taxes.
I naturally expected the 10% in taxes but not the extra 6%.

The Junkman · RV-Dreams Family Member

TRAILERKING wrote:
Just don't buy your RV in FLO-RIDA...................They nail you a 6% tax.
By the time all was said and done I had paid 5% GST + 5% PST + 6% FLO-RIDA TAX = 16% in taxes.
I naturally expected the 10% in taxes but not the extra 6%.

what is GST and PST ?

I am buying in TN..

Barbaraok · RV-Dreams Family Member

Trailerking,

Are you talking about taxes for taking your rig back into Canada? Don't think that applies in this situation.

Barb

Lucky Mike · RV-Dreams Family Member

simple solution.......if your going to claim your residency in Fla. register in Fla..........SD register in SD.....where ever you claim your home it will also include your medical....voting....taxes.. P.O box..insurance and most likely you frequenting thru that area.

to save money just to register it will be money over the dam if you have to go out of your way to get there to just save a buck.

Technomadia · RV-Dreams Family Member

You need to look at your entire domicile situation and choose the best overall state for your unique needs. Where can you get medical insurance that covers you (if you're not on Medicare), logistics of registering your vehicles, driver's licenses, jury duty requirements, taxes, inheritance laws, business laws, etc.

Here's our list of considerations: www.technomadia.com/domicile

And by the way, South Dakota changed last year and you can now renew your DL once remotely. So you only need to return every 10 years.

- Cherie

TRAILERKING · RV-Dreams Family Member

The Junkman wrote:
TRAILERKING wrote:
Just don't buy your RV in FLO-RIDA...................They nail you a 6% tax.
By the time all was said and done I had paid 5% GST + 5% PST + 6% FLO-RIDA TAX = 16% in taxes.
I naturally expected the 10% in taxes but not the extra 6%.
what is GST and PST ?
I am buying in TN..

Sorry I was just saying about my situation about "Buying" in FLO-RIDA.

The GST & PST is taxes I have to pay back here at home.

BiggarView · RV-Dreams Family Member

TRAILERKING wrote:
The Junkman wrote:
TRAILERKING wrote:
Just don't buy your RV in FLO-RIDA...................They nail you a 6% tax.
By the time all was said and done I had paid 5% GST + 5% PST + 6% FLO-RIDA TAX = 16% in taxes.
I naturally expected the 10% in taxes but not the extra 6%.
what is GST and PST ?
I am buying in TN..
Sorry I was just saying about my situation about "Buying" in FLO-RIDA.
The GST & PST is taxes I have to pay back here at home.

GST is Goods & services Tax, PST is Provincial sales tax. they do things a bit different back in the Great White North Bernie you should have gotten a waiver on FL sales tax if you took it directly out of state. Either that or a rebate for the taxes paid against Canadian sales taxes. I'd check into that if I were you.

-- Edited by biggaRView on Friday 13th of June 2014 12:10:56 PM

TRAILERKING · RV-Dreams Family Member

biggaRView wrote:
TRAILERKING wrote:
The Junkman wrote:
TRAILERKING wrote:
Just don't buy your RV in FLO-RIDA...................They nail you a 6% tax.
By the time all was said and done I had paid 5% GST + 5% PST + 6% FLO-RIDA TAX = 16% in taxes.
I naturally expected the 10% in taxes but not the extra 6%.
what is GST and PST ?
I am buying in TN..
Sorry I was just saying about my situation about "Buying" in FLO-RIDA.
The GST & PST is taxes I have to pay back here at home.
GST is Goods & services Tax, PST is Provincial sales tax. they do things a bit different back in the Great White North Bernie you should have gotten a waiver on FL sales tax if you took it directly out of state. Either that or a rebate for the taxes paid against Canadian sales taxes. I'd check into that if I were you.

-- Edited by biggaRView on Friday 13th of June 2014 12:10:56 PM

Oh yeah I did lots of checking and phone calls. There was no way around it. Basically if bought in Florida from a business the business has to collect it and remit to the State. If the unit was transported to say, Georgia and sold, I would not have had to pay it. Also if it was a private sale/purchase it wouldn't apply. It was really crappy because really I flew in and drove out the next morning. I could see if was a resident it would make more sense. But doesn't matter whether resident or not.

BiggarView · RV-Dreams Family Member

TRAILERKING wrote:
biggaRView wrote:
TRAILERKING wrote:
The Junkman wrote:
TRAILERKING wrote:
Just don't buy your RV in FLO-RIDA...................They nail you a 6% tax.
By the time all was said and done I had paid 5% GST + 5% PST + 6% FLO-RIDA TAX = 16% in taxes.
I naturally expected the 10% in taxes but not the extra 6%.
what is GST and PST ?
I am buying in TN..
Sorry I was just saying about my situation about "Buying" in FLO-RIDA.
The GST & PST is taxes I have to pay back here at home.
GST is Goods & services Tax, PST is Provincial sales tax. they do things a bit different back in the Great White North Bernie you should have gotten a waiver on FL sales tax if you took it directly out of state. Either that or a rebate for the taxes paid against Canadian sales taxes. I'd check into that if I were you.

-- Edited by biggaRView on Friday 13th of June 2014 12:10:56 PM
Oh yeah I did lots of checking and phone calls. There was no way around it. Basically if bought in Florida from a business the business has to collect it and remit to the State. If the unit was transported to say, Georgia and sold, I would not have had to pay it. Also if it was a private sale/purchase it wouldn't apply. It was really crappy because really I flew in and drove out the next morning. I could see if was a resident it would make more sense. But doesn't matter whether resident or not.

Well that just stinks. I get the GST part, not the PST. Should have been able to deduct FL taxes paid against any Sask. sales taxes due. But then, there was no GST when I lived in Canada, they may have changed some of the other tax rules when they put the GST in place.

The Junkman · RV-Dreams Family Member

Technomadia wrote:
You need to look at your entire domicile situation and choose the best overall state for your unique needs. Where can you get medical insurance that covers you (if you're not on Medicare), logistics of registering your vehicles, driver's licenses, jury duty requirements, taxes, inheritance laws, business laws, etc.

Here's our list of considerations: www.technomadia.com/domicile

And by the way, South Dakota changed last year and you can now renew your DL once remotely. So you only need to return every 10 years.

- Cherie

Great write up on the Florida move..

It has cinched the deal for me..

We plan on using my father address. In fact, I have already changed so stuff to that address, Knowing I will need the paperwork..

I guess I will just pay the taxes in FL... And be done with it...

Thanks all !

Glenn West · RV-Dreams Family Member

Sales tax is the last priority to consider for residency. My largest expense is health insurance. Pricing and flexibility for service would be a main priority for us. How often do you buy a RV?

The Junkman · RV-Dreams Family Member

Yea, Healthcare is not a big one on our list.

In fact. I should be on medicare soon anyways..

I'm leaning just pay the tax in FL..

Though with the recent talk of insurance .. and being sued for someone not knowing how to walk in your rv..

Has me rethinking the montana LLC thing.. since it offers some protection from Anyone trying to take your stuff.

Terry and Jo · RV-Dreams Family Member

Steve,

Use the "Search" feature in the blue bar at the top and type in "Montana LLC." There are a few links there with valuable information regarding that method of tax savings. Some states look at it as a method for people to scam the local state's taxes.

Terry